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Home > Interest Only Payment Option Calculator
Interest Only Payment Calculator
Assumptions: 1 The interest-only payment and the monthly savings will change as the interest rate changes. Rates are for calculation purposes only, please call your loan officer for rate quotes. 2 The interest-only payment option is only available during the initial interest only payment period. This is only in the first ten to fifteen years. Some programs have shorter initial interest only periods. For example: on a 5/1 ARM, the interest-only period may be only the first five years. 3 Monthly savings is based on the thirty-year, amortized principal and interest payment. ![]() 2345 Bee Ridge Rd. - Sarasota, FL 34239 Office Phone: 941 923 5865 Toll Free Phone: 1 800 925 3827 :: Apply Now :: Pre-Qualify :: Prequal CalcuLetter :: Loan Programs :: Purchasing :: Refinance :: We Buy Mortgages :: Reverse Mortgages :: Debt Consolidation :: Imperfect Credit? :: Commercial Loans :: Request Loan Status :: Calculators :: Loan Process :: FAQ :: Forms :: Contact Us :: About Us :: Staff Directory :: Tell-A-Friend :: FL Real Estate :: Credit Report :: Marketplace :: Home ::
We lend in the following states: FL
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